Spectrum Brands' Pricing & Other Efforts Aid: Apt to Stay Invested?
Spectrum Brands(SPB) ZACKS·2024-09-25 01:51
Spectrum Brands Holdings Inc. (SPB) seems well-poised for growth, thanks to its robust strategic efforts. SPB's Global Productivity Improvement Plan (GPIP), which aims at improving operating efficiency and effectiveness, appears encouraging too. Spectrum Brands is benefiting from increased pricing, cost improvements and a favorable mix, which have been bolstering margins for a while now. The company has been proactive in its cost-takeout actions, including fixedcost reduction, by reducing advertising and pr ...